Brief: Azelio Signs MoU For 120 MWe Of Installations In California

Azelio AB

18/11/2019 06:07

Nov 18 (Reuters) - Azelio AB  AZELIO.ST :
    * AZELIO SIGNS MOU FOR 120 MWE OF INSTALLATIONS IN
CALIFORNIA
    * HAS SIGNED A MEMORANDUM OF UNDERSTANDING (MOU) WITH US
COMPANY
BIODICO INC (BIODICO) FOR A PROJECT IN ATASCADERO, CALIFORNIA
    * MOU FRAMEWORKS A COLLABORATION OVER A CAPACITY OF ABOUT
120 MWE
OF AZELIO'S ENERGY STORAGE TECHNOLOGY IN US MARKET UNTIL 2024
    * INITIAL PROJECT IS EXPECTED TO BECOME OPERATIONAL IN 2021,
AS A
COMMERCIAL DEMONSTRATION AND SHOWCASE FOR BIODICO'S MODULAR
RENEWABLE BIO-FUEL PRODUCTION SYSTEM IN TOWN OF ATASCADERO,
CALIFORNIA

Source text for Eikon:  ID:nWkr42vgVM 
Further company coverage:  AZELIO.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))